LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0309%/8h= −33.8% APRnext payment −$0.39 per $10,000 · paid last 24h −0.111%

Price spread now: Bullet against Lighter−0.175%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bullet is 0.175% cheaper against Lighter than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter LIT	4.8072	0.0096	pay 0.0012% / 1h	13m 20s	$59.9M	$26.8M	5x
Short	Bullet LIT-USD	4.7988	−0.0213	pay 0.0027% / 1h	13m 20s	$86K	$66K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee BulletbpOrdersPrice spread, now −0.175%Rate

Funding earned: −$64.81
Price spread: −0.175% → 0.000%: −$17.47
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$90.28
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 11 min ago; Bullet: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 11 min ago	0.63 bp	2.8 bp −$3	12.6 bp −$126	doesn't fit	doesn't fit
Sell Bullet no order-book sample	—	—	—	—	—

Bullet: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit LIT_USDC-PERPETUAL	−0.0405%	1h	4.8034	−0.079%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0383%	4h	4.7955	−0.243%	$33K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0344%	1h	4.7780	−0.608%	$605K	$347K	50x	as long as short
01 Exchange LITUSD	−0.0288%	1h	4.7999	−0.152%	$31K	$3K	5x	as long as short
Bullet LIT-USDshort	−0.0213%	1h	4.7988	−0.175%	$86K	$66K	20x
OKX LIT-USDT-SWAP	−0.0161%	4h	4.7995	−0.160%	$25.8M	$59.5M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0100%	4h	4.7960	−0.233%	$887K	$2.0M	10x	as long as short
ApeX Omni LITUSDT	−0.0010%	1h	4.7920	−0.316%	$57K	$73K	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8020	−0.107%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8020	−0.108%	$36K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.067%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0039%	4h	4.7998	−0.154%	$41.6M	$27.5M	75x	as long as short
Phoenix LIT	+0.0050%	1h	4.8078	+0.012%	$206K	$293K	5x	as long as short
RISEx LIT/USDC	+0.0064%	1h	4.8044	−0.058%	$800K	$2.3M	5x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.8002	−0.146%	$7K	$2K	5x	as long as short
Lighter LITlong	+0.0096%	1h	4.8072	long leg	$59.9M	$26.8M	5x
Nado LIT-PERP	+0.0100%	1h	4.7971	−0.209%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.8015	−0.119%	$821K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7972	−0.208%	$76.9M	$73.8M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8019	−0.110%	$127K	$446K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.8010	−0.129%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7983	−0.185%	$5.9M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.8014	−0.121%	$5.5M	$934K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8000	−0.150%	$6.8M	$2.4M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8038	−0.071%	$685K	$1.0M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7894	−0.370%	$293K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7999	−0.152%	$447K	$86K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8055	−0.035%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8015	−0.119%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.8025	−0.098%	$1K	$332K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7921	−0.314%	$193K	$312K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.8000	−0.150%	$1.4M	$2.7M	20x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7777	−0.614%	$119K	$6K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7983	−0.184%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8021	−0.106%	$150K	—	3x	as long as short
Hyperliquid LIT	+0.0209%	1h	4.8069	−0.006%	$217.2M	$38.8M	5x	as long as short
Lighter RH LIT	+0.0248%	1h	4.8092	+0.042%	$3.7M	$12.8M	5x	as long as short
Aster LITUSDT	+0.0259%	4h	4.8067	−0.010%	$12.9M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7936	−0.283%	$1.6M	$2.3M	75x	as long as short
Aftermath Perps LITUSD	+0.0375%	1h	4.7924	−0.309%	$9K	$203K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0426% / S −0.0217%	1h	4.7956	−0.241%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8037	−0.073%	$32K	$645K	33x	as long as short